IBFX does... and hedging too.

Firebird EA, please test this one, it is one of the greats

Well, according to my back testing Firebird may not die, but it certainly may look like a lame duck for extended periods. Took me awhile to get around to it, but I've finally managed to test 3 of better performing pairs lately... EUR/USD, USD/CAD, ...

Firebird EA - fixed version -

In my forward testing, float varies significantly. Occasionally it will build up to as many as 20 open trades (on 10 pairs), then a news event increases volatility and a lot of trades get "flushed" out... Hopefully for profit. ;-) Citing CPI-day as ...

Firebird EA, please test this one, it is one of the greats

This was all done on the 1 Minute charts with data downloaded from Alpari. I've done some quick tests with the 15 minute charts and achieved very similar results, but that was several weeks ago. I think I'll go back and compare the results more ...

Firebird EA, please test this one, it is one of the greats

They were most significant on the GBP/USD and USD/CHF. On those 2 pairs, that one trend was enough to wipe out any gains from 1/1/06 - present and then some. Other than that few weeks though, they were very positive. I was interested to see that the ...

Firebird EA, please test this one, it is one of the greats

My .02 pips... I think the market we experienced in April 2006 qualifies as a very strong trend. Through back testing, I'm sure everyone has noticed there was some significant draw down during that time. However, I still find the results encouraging ...

Firebird EA, please test this one, it is one of the greats

I can't log in either... and I'm not talking about the "game". My platform froze at the 8:30 EST news announcement, and as of 9:00 EST I still can't get in. This is very disappointing. I expected better from OANDA... Edit: Back into the platform at ...

problems logging onto Oanda?

At this point I'm not entertaining the idea of running this EA on a live account without manual intervention occasionally. With that in mind, cable would be awfully profitable if we could determine when to turn it on and off... Of course, that ...

Firebird EA, please test this one, it is one of the greats

Something I've been thinking about with regards to switching from M1 to M30... I know back testing is primarily good for spotting general trends and behaviors. Beyond that, it's not so reliable. So, in looking for general behaviors among trading ...

Firebird EA, please test this one, it is one of the greats

I think I may have identified a problem with the above strategy. Basically, by manually closing a trade I may impair firebirds ability to automatically protect against a strongly trending market. As I understand the code, when a position stops out, ...

Firebird EA, please test this one, it is one of the greats

Same here. Just haven't had experience with a broker that allows it yet. My main concern is attempting to use firebird with a broker who does not allow hedging on the same pair. In that case it seems the system would start closing positions on ...

Firebird EA, please test this one, it is one of the greats

Here is my plan for the "manipulated" test I'm running (where I start/stop firebird, and close trades at my discretion): Obviously, there are several dollar-long positions open right now, but the FOMC decision isn't guaranteed either way. If they ...

Firebird EA, please test this one, it is one of the greats

Me neither. That's why I thought it was so strange. I'm using version 63G. Currently I have the exact same install and settings on 2 PC's. One I've been testing on sporadically for about 6 weeks, the other just a few days. On the machine with the ...

Firebird EA, please test this one, it is one of the greats

I've been testing firebird for a few weeks at almost the same settings Mono specifies. Like anyone else who has been testing through this "volatile" time for the GBP/USD, I have several short trades floating at a substantial loss right now (around ...

Firebird EA, please test this one, it is one of the greats

This is nothing compared to their behavior during the last NFP report. My station was frozen for an hour. I don't see how anyone serious about trading news announcements could tolerate FXCM's behavior. I tried them for 3 months and they were truly ...

trading during NFP

From my back testing, it looks like Firebird gets hammered whenever the market is in a strong trend and great during range bound conditions. Other than manual intervention, I wonder if there is some way to filter out the bigger trends...

Going live with Firebird

My goal is to trade within my system and respond to the signals as accurately (and as often) as possible. Then the pips and the percentages tend to work themselves out....

What is your monthly target?

IMO there isn't much "team" or "sport" to it at all. Here's my analogy: Ever been to a dog park during a really busy time when there are like 100 dogs running around? I found it mildly (very mildly) interesting to watch the way the dogs formed these ...

Are we all enemies at the forex market?

Find your passion. The world doesn't owe you squat, but you're really screwing yourself if you don't discover the things that get your blood up. If Forex isn't one of them, quit before you lose any more money. Good luck.

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

That's what scares me about this system! I'm primarily a trend follower. The fact that this system is more of a "reversal spotter" got my attention. But I'm with you. I don't think I would consider a significant short trade against the EUR/USD right ...

EJ_4H method